SetOption Review

| July 9, 2016 | 0 Comments

Company Overview

SetOption is counted among the newer names in the world of binary options and it’s one of the latest brokers in binary options trading as it was established in 2013. The SetOption trading platform is owned and run by SetOption Corporation, which is based in Carouge, Switzerland. While it can be said about SetOption that it’s pretty much offering the same thing as other brokers present in the market, a closer look tells us that there are some subtle differences that set SetOption apart from the rest of the binary options brokers.

Trading Platform

For those traders who have been around for a while in the binary options trading world, the SetOption trading platform will give a familiar feel. That’s not surprising because SetOption is powered by the same trading engine that is used by many other popular brokers. It is powered by SpotOption which is basically the world’s leading binary trading platform provider.

The familiar red, blue and green action buttons that are the trademark look of the robust and intuitive trading engine are also present in SetOption. Different trade types are visualized in the similar interface, so the traders can easily get on with it instead of going through another learning curve. The screen also shows the returns clearly so that traders know how to get back to make a successful trade.

Features

The robust trading platform of SetOption comes with an open platform interface and it offers additional trading features such as Double Up, Buy Me Out and Rollover that help traders maximize their returns and aid them in risk management.

The Buy Me Out feature is one of the most important and sought after features in the binary options trading market as this feature lets traders liquidate their own market position before the expiry time. This feature is ideal for when you want to minimize your losses or lock in your profits.

The Double Up feature lets traders double up their investment if and when they think the trade is going in their direction.

The Rollover feature is for when market uncertainties cause you to doubt the outcome of your trade. Traders can utilize this feature to extend their trade’s expiry time.

Customer Support

SetOption offers customer support services designed for international customers, which is available in English, Japanese, and Arabic. You can contact the multilingual support team using email, phone, live chat and contact form. It offers local contact numbers for many different countries that can be found on its website.

Conclusion

What sets SetOption apart from its competition is that it features a large list of trade assets and a variety of trading accounts. The platform is decent as well, although SetOption could make some improvements in the customer support service. Otherwise, if you’re in the market for a trading platform with a wide range of trade assets and want a particular type of trading account to fit your needs, SetOption could be the match for you.

Office website: https://setoption.com/

Category: Binary Option

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